NCLAT Allows Delta Finster Ltd Appeal Delay Condonation

NCLAT Chennai allows condonation of 45-day delay in filing appeal against NCLT Kochi order, citing Supreme Court's Covid-19 limitation exclusion.
Tribunal also condones 211-day delay in refiling the appeal, noting multiple defect rectification attempts by appellants.
Appeal involves challenge to NCLT order directing cancellation of share transmission and share capital increase in Delta Finster Ltd.
Appellants cited logistical issues, health concerns of senior citizen signatories in Abu Dhabi/Kerala, and Covid-19 travel restrictions as delay reasons.